$380,000
Grand Rapids, MI 49504
MLS# 26028898
1 / 30
Property Description
An opportunity to own two duplexes on one parcel in Grand Rapids' booming West Grand neighborhood! This strategically priced four-unit multifamily asset is generating $3,695 per month in gross rents, providing investors an attractive entry point into the thriving rental market. The front duplex offers a 2-bed/1-bath lower unit and 3-bed/1-bath upper unit with newer roof and vinyl siding. The rear duplex includes a 1-bed/1-bath lower unit and 2-bed/1-bath upper unit with additional upside potential through future improvements. Conveniently located near downtown Grand Rapids, Alpine Avenue, Bridge Street, shopping, dining, breweries, and neighborhood amenities, making it attractive to both current and future tenants. A rare opportunity to acquire a four-unit investment property in one of the city's fastest-growing rental markets. Looking for more? 1242 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.
Details
Location & Property Info
Cross Streets: Alpine and Leonard
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 48*131.16
Financial Available: Yes
Road Frontage: 48
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: 2
Total Parking Spaces: 6
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 6296
Lot Acres: 0.14
Year Built: 1910
Tax Info
Taxable Value: 71192
SEV: 173500
For Tax Year: 2026
Seller's Annual Property Tax: 3579.34
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None known
Zoning: 401 Res Improve
Tax ID #: 41-13-13-356-009
Remarks & Misc
Public Remarks: An opportunity to own two duplexes on one parcel in Grand Rapids' booming West Grand neighborhood! This strategically priced four-unit multifamily asset is generating $3,695 per month in gross rents, providing investors an attractive entry point into the thriving rental market. The front duplex offers a 2-bed/1-bath lower unit and 3-bed/1-bath upper unit with newer roof and vinyl siding. The rear duplex includes a 1-bed/1-bath lower unit and 2-bed/1-bath upper unit with additional upside potential through future improvements. Conveniently located near downtown Grand Rapids, Alpine Avenue, Bridge Street, shopping, dining, breweries, and neighborhood amenities, making it attractive to both current and future tenants. A rare opportunity to acquire a four-unit investment property in one of the city's fastest-growing rental markets.
Looking for more? 1242 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.
Legal: LOT 1180* PANFIL S ASSESSOR S PLAT NO 54* OF LOTS 1, 2, 4, 5, 20, 21, 22, 23 & 24 OF PATRICK TREGENT S ADD
Street Type
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Shingle Siding: 1
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Substructure
Full: 1
Michigan Basement: 1
Owner Pays
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 1 Front
SqFt: 910
Occupied: Yes
Monthly Rent: 1095
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 1 Rear
SqFt: 717
Occupied: Yes
Monthly Rent: 775
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 2 Front
SqFt: 910
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 2 Rear
SqFt: 717
Occupied: Yes
Monthly Rent: 725
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 1246
Street Name: Alpine
Suffix: Avenue
Post Direction: NW
State: MI
Zip Code: 49504
Zip (4): 3154
OfficeContract Info
Status: Active
Current Price: $380,000
List Price: $380,000
Listing Date: 2026-06-11
Property Features
Exterior Material: Shingle Siding; Vinyl Siding
Substructure: Full; Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Street Type: Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Edison Brokers & Co LLC
Listing Agent: Kyle P Naumann
Last Updated: June - 15 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.